Industry has sought dedicated special economic zones (SEZ) for e-commerce exports, trade pacts<\/a> with African and Latin American countries especially to push automobiles in those markets and a reduction in non-tariff barriers imposed by the European Union<\/a> on certain marine exports from India.

In a meeting with commerce and industry minister
Piyush Goyal<\/a> on Monday, various industry associations also asked the government for clarity on the Remission of Duties and Taxes on Exported Products (RoDTEP<\/a>) scheme as it is a reimbursement scheme and not an incentive scheme<\/a>.

“Most industry representatives raised issues related to RoDTEP and that the rates should be high,” said an official who participated in the virtual meeting.

This comes ahead of the Merchandise Export from India Scheme (MEIS), a key incentive scheme for exports, being wound up by this month. RoDTEP will replace the MEIS. Rewards under the scheme are payable as percentage of realised free-on-board value (of 2%, 3% and 5%) and the MEIS duty credit scrip can be transferred or used for payment of a number of duties including the basic customs duty.

The RoDTEP will reimburse the input taxes and duties paid by exporters, including embedded taxes, such as local levies, coal cess, mandi tax, electricity duties and fuel used for transportation, which are not exempted or refunded under any other existing scheme

\"\"
<\/span><\/figcaption><\/figure>
“Industry said that RoDTEP is a reimbursement scheme, not a direct incentive programme. They also sought resolution of MEIS for the last two years,” said an industry representative.

India’s exports fell 9.07% in November, steeper than 5.12% in October, to $23.43 billion.

The meeting comes as the government is drawing up the Foreign Trade
Policy<\/a> for for 2021-26 as part of which incentives for both goods and services are likely to be announced. While RoDTEP and production linked incentives are being considered to boost merchandise exports, the government is looking at modifying the Service Export from India Scheme (SEIS) by capping the invectives and linking them to job creation.

Representatives of industry chambers like CII, Ficci and Assocham along with regional chambers and sector-specific associations participated in the meeting.

Non-tariff barriers that the EU imposes on frozen shrimp and new markets for Indian automobiles through trade agreements with Africa and South America were also taken up.

“Certain sections of the industry also sought dedicated SEZs to promote e-commerce exports,” the industry representative said.

Separately, the minister asked industry chambers to collaborate with
Invest India<\/a> and IBEF to promote Brand India, according to the representative.
<\/p><\/body>","next_sibling":[{"msid":79617233,"title":"Cummins India hopes to benefit from 5G network rollout","entity_type":"ARTICLE","link":"\/news\/cummins-india-hopes-to-benefit-from-5g-network-rollout\/79617233","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"79610488","title":"export 123","entity_type":"IMAGES","seopath":"news\/economy\/foreign-trade\/industry-seeks-clarity-on-rodtep-new-ftas-lower-non-tariff-barriers\/export-123","category_name":"Industry seeks clarity on RoDTEP, new FTAs, lower non-tariff barriers","synopsis":"Non-tariff barriers that the EU imposes on frozen shrimp and new markets for Indian automobiles through trade agreements with Africa and South America were also taken up.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-356986\/79610488.cms?width=150&height=112","link":"\/image\/economy\/foreign-trade\/industry-seeks-clarity-on-rodtep-new-ftas-lower-non-tariff-barriers\/export-123\/79610488"}],"msid":79617263,"entity_type":"ARTICLE","title":"Industry seeks clarity on RoDTEP, new FTAs, lower non-tariff barriers","synopsis":"In a meeting with commerce and industry minister Piyush Goyal on Monday, various industry associations also asked the government for clarity on the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme as it is a reimbursement scheme and not an incentive scheme.","titleseo":"telecomnews\/industry-seeks-clarity-on-rodtep-new-ftas-lower-non-tariff-barriers","status":"ACTIVE","authors":[{"author_name":"Kirtika Suneja","author_link":"\/author\/479242995\/kirtika-suneja","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479242995.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":479242995,"author_name":"Kirtika Suneja","author_seo_name":"kirtika-suneja","designation":"Senior Assistant Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2020-12-08 07:51:33","lastupd":"2020-12-08 07:52:32","breadcrumbTags":["FTA","trade pacts","Invest India","Incentive Scheme","european union","piyush goyal","RoDTEP","policy"],"secinfo":{"seolocation":"telecomnews\/industry-seeks-clarity-on-rodtep-new-ftas-lower-non-tariff-barriers"}}" data-authors="[" kirtika suneja"]" data-category-name="" data-category_id="" data-date="2020-12-08" data-index="article_1">

行业寻求清晰RoDTEP,新的自由贸易协议,非关税壁垒较低

与商业和工业部长会议总裁Goyal周一,各种行业协会还要求政府明确的缓解出口产品的关税和其他税(RoDTEP)计划是一个还款计划,而不是一个激励方案。

Kirtika Suneja
  • 更新2020年12月8日凌晨07:52坚持

行业寻求专用电子商务经济特区(经济特区)出口,贸易协定与非洲和拉丁美洲国家特别是推动汽车市场和减少非关税壁垒强加的欧盟在某些海洋出口印度。

与商业和工业部长会议总裁Goyal周一,各种行业协会还要求政府明确职责和出口税的缓解产品(RoDTEP)计划是一个还款计划,而不是一个激励方案

“大多数行业代表提出相关问题RoDTEP,利率要高,”一位官员说参加了虚拟会议。

广告
这是来自印度的货物出口前的计划(说),出口的关键激励方案,由本月结束。RoDTEP MEIS将取代。奖励计划下应付意识到离岸价价值的比例(2%、3%和5%)和MEIS责任信用代币可以转让或用于支付许多职责包括基本的关税。

RoDTEP将补偿输入由出口商支付的税费,包括嵌入式税收,如当地的征收,煤炭转运,曼迪税,电力职责和燃料用于交通,不免除或退还任何其他现有的方案


“行业表示,RoDTEP是还款计划,不是直接的激励计划。他们还寻求解决说在过去的两年里,”一个行业代表说。

11月印度的出口下降9.07%,幅度大于10月份的5.12%,达到234.3亿美元。

会议之际,政府制定对外贸易政策2021 - 26作为交易的一部分,鼓励商品和服务都可能会宣布。虽然RoDTEP和生产有关激励正在考虑增加商品出口,政府正在考虑修改服务从印度出口计划(检波器)通过限制谩骂和连接他们创造就业机会。

广告
印度联合工商会行业商会的代表人民一样,印度工商联合会和地区商会和行业协会参加了会议。

非关税壁垒,欧盟强加于冷冻虾和新市场对印度与非洲和南美洲汽车通过贸易协定也了。

“特定区域的行业也寻求专门出口促进电子商务经济特区,“行业代表说。

另外,部长要求行业合作投资印度和印度IBEF推广品牌,根据代表。

  • 发布于2020年12月8日07:51点坚持
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Industry has sought dedicated special economic zones (SEZ) for e-commerce exports, trade pacts<\/a> with African and Latin American countries especially to push automobiles in those markets and a reduction in non-tariff barriers imposed by the European Union<\/a> on certain marine exports from India.

In a meeting with commerce and industry minister
Piyush Goyal<\/a> on Monday, various industry associations also asked the government for clarity on the Remission of Duties and Taxes on Exported Products (RoDTEP<\/a>) scheme as it is a reimbursement scheme and not an incentive scheme<\/a>.

“Most industry representatives raised issues related to RoDTEP and that the rates should be high,” said an official who participated in the virtual meeting.

This comes ahead of the Merchandise Export from India Scheme (MEIS), a key incentive scheme for exports, being wound up by this month. RoDTEP will replace the MEIS. Rewards under the scheme are payable as percentage of realised free-on-board value (of 2%, 3% and 5%) and the MEIS duty credit scrip can be transferred or used for payment of a number of duties including the basic customs duty.

The RoDTEP will reimburse the input taxes and duties paid by exporters, including embedded taxes, such as local levies, coal cess, mandi tax, electricity duties and fuel used for transportation, which are not exempted or refunded under any other existing scheme

\"\"
<\/span><\/figcaption><\/figure>
“Industry said that RoDTEP is a reimbursement scheme, not a direct incentive programme. They also sought resolution of MEIS for the last two years,” said an industry representative.

India’s exports fell 9.07% in November, steeper than 5.12% in October, to $23.43 billion.

The meeting comes as the government is drawing up the Foreign Trade
Policy<\/a> for for 2021-26 as part of which incentives for both goods and services are likely to be announced. While RoDTEP and production linked incentives are being considered to boost merchandise exports, the government is looking at modifying the Service Export from India Scheme (SEIS) by capping the invectives and linking them to job creation.

Representatives of industry chambers like CII, Ficci and Assocham along with regional chambers and sector-specific associations participated in the meeting.

Non-tariff barriers that the EU imposes on frozen shrimp and new markets for Indian automobiles through trade agreements with Africa and South America were also taken up.

“Certain sections of the industry also sought dedicated SEZs to promote e-commerce exports,” the industry representative said.

Separately, the minister asked industry chambers to collaborate with
Invest India<\/a> and IBEF to promote Brand India, according to the representative.
<\/p><\/body>","next_sibling":[{"msid":79617233,"title":"Cummins India hopes to benefit from 5G network rollout","entity_type":"ARTICLE","link":"\/news\/cummins-india-hopes-to-benefit-from-5g-network-rollout\/79617233","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"79610488","title":"export 123","entity_type":"IMAGES","seopath":"news\/economy\/foreign-trade\/industry-seeks-clarity-on-rodtep-new-ftas-lower-non-tariff-barriers\/export-123","category_name":"Industry seeks clarity on RoDTEP, new FTAs, lower non-tariff barriers","synopsis":"Non-tariff barriers that the EU imposes on frozen shrimp and new markets for Indian automobiles through trade agreements with Africa and South America were also taken up.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-356986\/79610488.cms?width=150&height=112","link":"\/image\/economy\/foreign-trade\/industry-seeks-clarity-on-rodtep-new-ftas-lower-non-tariff-barriers\/export-123\/79610488"}],"msid":79617263,"entity_type":"ARTICLE","title":"Industry seeks clarity on RoDTEP, new FTAs, lower non-tariff barriers","synopsis":"In a meeting with commerce and industry minister Piyush Goyal on Monday, various industry associations also asked the government for clarity on the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme as it is a reimbursement scheme and not an incentive scheme.","titleseo":"telecomnews\/industry-seeks-clarity-on-rodtep-new-ftas-lower-non-tariff-barriers","status":"ACTIVE","authors":[{"author_name":"Kirtika Suneja","author_link":"\/author\/479242995\/kirtika-suneja","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479242995.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":479242995,"author_name":"Kirtika Suneja","author_seo_name":"kirtika-suneja","designation":"Senior Assistant Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2020-12-08 07:51:33","lastupd":"2020-12-08 07:52:32","breadcrumbTags":["FTA","trade pacts","Invest India","Incentive Scheme","european union","piyush goyal","RoDTEP","policy"],"secinfo":{"seolocation":"telecomnews\/industry-seeks-clarity-on-rodtep-new-ftas-lower-non-tariff-barriers"}}" data-news_link="//www.iser-br.com/news/industry-seeks-clarity-on-rodtep-new-ftas-lower-non-tariff-barriers/79617263">